Title |
The income elasticity of health care spending in developing and developed countries
|
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Published in |
International Journal of Health Economics and Management, March 2012
|
DOI | 10.1007/s10754-012-9108-z |
Pubmed ID | |
Authors |
Marwa Farag, A. K. NandaKumar, Stanley Wallack, Dominic Hodgkin, Gary Gaumer, Can Erbil |
Abstract |
To date, international analyses on the strength of the relationship between country-level per capita income and per capita health expenditures have predominantly used developed countries' data. This study expands this work using a panel data set for 173 countries for the 1995-2006 period. We found that health care has an income elasticity that qualifies it as a necessity good, which is consistent with results of the most recent studies. Furthermore, we found that health care spending is least responsive to changes in income in low-income countries and most responsive to in middle-income countries with high-income countries falling in the middle. Finally, we found that 'Voice and Accountability' as an indicator of good governance seems to play a role in mobilizing more funds for health. |
X Demographics
Geographical breakdown
Country | Count | As % |
---|---|---|
United States | 1 | 50% |
Unknown | 1 | 50% |
Demographic breakdown
Type | Count | As % |
---|---|---|
Members of the public | 2 | 100% |
Mendeley readers
Geographical breakdown
Country | Count | As % |
---|---|---|
Brazil | 1 | <1% |
Unknown | 105 | 99% |
Demographic breakdown
Readers by professional status | Count | As % |
---|---|---|
Student > Master | 25 | 24% |
Student > Ph. D. Student | 15 | 14% |
Researcher | 12 | 11% |
Student > Bachelor | 7 | 7% |
Professor | 4 | 4% |
Other | 15 | 14% |
Unknown | 28 | 26% |
Readers by discipline | Count | As % |
---|---|---|
Economics, Econometrics and Finance | 35 | 33% |
Medicine and Dentistry | 12 | 11% |
Social Sciences | 7 | 7% |
Nursing and Health Professions | 6 | 6% |
Business, Management and Accounting | 5 | 5% |
Other | 11 | 10% |
Unknown | 30 | 28% |